Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Short Interest Update

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 1,388,895 shares, a decline of 18.8% from the January 29th total of 1,710,927 shares. Based on an average daily trading volume, of 1,259,279 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.4% of the company’s stock are sold short. Approximately 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,259,279 shares, the days-to-cover ratio is currently 1.1 days.

Xtrackers USD High Yield Corporate Bond ETF Stock Down 0.2%

NYSEARCA:HYLB traded down $0.07 during mid-day trading on Tuesday, hitting $36.63. The stock had a trading volume of 2,171,669 shares, compared to its average volume of 1,692,119. The stock has a 50-day simple moving average of $36.94 and a two-hundred day simple moving average of $36.91. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $34.40 and a twelve month high of $37.19.

Xtrackers USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, March 2nd will be issued a $0.1727 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Monday, March 2nd.

Hedge Funds Weigh In On Xtrackers USD High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Performa Ltd US LLC lifted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 4.2% during the 4th quarter. Performa Ltd US LLC now owns 1,511,750 shares of the company’s stock worth $55,678,000 after buying an additional 60,851 shares during the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 7.9% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 745,317 shares of the company’s stock valued at $27,450,000 after acquiring an additional 54,755 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 0.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 679,733 shares of the company’s stock worth $25,005,000 after acquiring an additional 5,000 shares in the last quarter. Retirement Investment Advisors Inc. lifted its stake in Xtrackers USD High Yield Corporate Bond ETF by 2.0% during the third quarter. Retirement Investment Advisors Inc. now owns 518,245 shares of the company’s stock worth $19,232,000 after purchasing an additional 10,242 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 21.6% in the fourth quarter. TD Private Client Wealth LLC now owns 376,965 shares of the company’s stock valued at $13,884,000 after purchasing an additional 66,936 shares in the last quarter.

About Xtrackers USD High Yield Corporate Bond ETF

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.